Clay Sparkman During the past five years we’ve–most of us who make our money in the real estate market (in one way or another)–had a pretty rough time. Certainly, few of us ever anticipated that we were in for a slump of five+ years. And, of course, there have been the false-starts along the way […]
Posts Tagged ‘Commercial loans’
Good news for real estate markets: could this be the actual turn around we've been waiting for?
Monday, November 12th, 2012Getting high quality loan submissions that fit your programs via Lendicom
Thursday, October 11th, 2012Clay Sparkman If you are a broker or borrower of real estate secured commercial money, Lendicom may be of particular interest to you. This site is geared toward commercial lending, and allows borrowers and brokers to sign up and submit specific loan proposals to lenders who have also signed up online. Presently we have a database […]
In the way of good news
Monday, July 9th, 2012Clay Sparkman I am re-posting two short articles that I posted on the investor blog recently. Why? Because they are quite positive and credible in their outlooks, and I feel that we could all use a dose of optimism with regard to real estate markets about now. (It has been a long five years.) Too […]
No yesterday might mean Yes today
Saturday, June 2nd, 2012Clay Sparkman Private lending is a constantly changing business. The factors that drive the types of loans that we can do are as varied as the structure of the deals themselves. That’s why, despite the fact that we may have turned something down in the past, it never hurts to ask again. We are based […]
Creative Funding
Wednesday, May 2nd, 2012Clay Sparkman As you all know, sometimes we have to be creative to get loans done in this market. One of the most critical aspects of any loan is the Loan to Value ratio, and there are often options for reducing the LTV to make the deal more attractive. For purchases, the seller carry back […]
FFS has new source of private money funds nationwide
Thursday, April 12th, 2012I am pleased to announce that we now have a new source of funds nationwide, and for larger loans than what we have typically been able to do. The basic parameters are as follows: ELIGIBLE LOCATIONS Anywhere in the United States ELIGIBLE PROPERTIES Income producing commercial real estate properties including multifamily, but no construction TRANSACTION […]
Make your borrower's projects and submissions More robust
Monday, March 26th, 2012Clay Sparkman In the current climate, it’s getting harder than ever to impress potential lenders with your client’s loan scenarios. It may be that times have changed permanently and that it will be years before lenders return to their pre-2007 comfort level. Until then I thought I would make some suggestions to help you to […]
A Note on Relationships
Thursday, February 23rd, 2012Clay Sparkman I’d like to take this opportunity to highlight a loan that we were able to get into escrow 1 week from the time the borrower submitted his scenario. This is not something we can do every time, but very possible for a proven borrower that knows the dance. I’ll refer to this borrower […]
Small Is Beautiful
Friday, February 10th, 2012Clay Sparkman Generally speaking we are quite willing to consider small loans. We realize that we will never get rich doing small loans, but we also remember what got us where we are. The large loans can be quite fickle, coming and going as they please, but the small loans seem to be there when […]
What's Going On Out There?
Friday, February 3rd, 2012Clay Sparkman With the decline of real estate prices and concern about the global economy, there is a lot of speculation regarding the timeline of this recession. In conversations with brokers, investors, and developers throughout the country, the topic often turns to one common question: what’s going on out there? I’ve heard what the experts […]
